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S&P Credit Research1368 word report
published Sep 29, 2009
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$175.00 available for immediate download
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S&P Credit Research
| Abstract: | Tryggingamidstödin hf. (TM) is demonstrating good capitalization despite a marginal operating performance and competitive position. We are affirming our 'BB' ratings on TM. At the same time, we are removing them from CreditWatch, where they had been placed with developing implications on July 3, 2009. The stable outlook reflects maintenance of capitalization at a good level. On Sept. 29, 2009, Standard&Poor's Ratings Services affirmed its 'BB' long-term counterparty credit and insurer financial strength ratings on Iceland-based insurer Tryggingamidstödin hf. (TM). At the same time, we removed the ratings from CreditWatch, where they had been placed with developing implications on July 3, 2009. Prior to that, we had originally placed the ratings on CreditWatch with negative implications on Oct.
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| Brief Excerpt: | RESEARCH Ratings Definitions Research Update: Icelandic Insurer Tryggingamidstodin hf. '##' Ratings Affirmed; Removed From Watch Developing; Outlook Stable Publication date: 29-Sep-2009 Primary Credit Analyst: Peter McClean, London...
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| Report Type: | Research Update
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| Ticker: | TM@IR
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| Issuer: | Tryggingamidstodin hf.
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| GICS: | Multi-line Insurance (40301030)
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| Sector: | Global Issuers
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| Country: | Iceland
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| Region: | Europe, Middle East, Africa
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| Free Sample: |
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S&P Credit Research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.
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- Tryggingamidstodin hf. $400.00
Good capitalization. Marginal operating performance. Marginal competitive position. The ratings on Iceland-based insurer Tryggingamidstödin hf. (TM) reflect the group's marginal operating performance and marginal competitive position, offset ...
- Summary: Tryggingamidstodin hf. $175.00
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LONDON (Standard&Poor's) April 9, 2009--Standard&Poor's Ratings Services today commented on its CreditWatch placement of Iceland-based insurer Tryggingamidstödin hf. (TM). The 'BB' long-term counterparty credit and insurer financial strength ...
- Research Update: Icelandic Insurer Tryggingamidstodin Still On Watch Neg On Future Ownership Concerns $175.00
On April 9, 2009, Standard&Poor's Ratings Services commented on its CreditWatch placement of Iceland-based insurer Tryggingamidstödin hf. (TM). The 'BB' long-term counterparty credit and insurer financial strength ratings remain on CreditWatch ...
- Icelandic Insurer Tryggingamidstodin Group Still On Watch Neg On Future Ownership Concerns $100.00
LONDON (Standard&Poor's) Jan. 8, 2009--Standard&Poor's Ratings Services today commented on its CreditWatch placement of Iceland-based insurer Tryggingamidstödin hf. (TM) and its subsidiary Norway-based non-life insurer NEMI Forsikring ASA (NEMI). ...
